Representative Ed Perlmutter News

The worst of the recession appears to be over. Stock markets are regaining the faith of investors.

If you are in the stock market you may see increased taxes soon to fund a new job program Congress is trying to pass before the end of the year.

Lawmakers could propose within weeks a US version of the tax on financial trades favoured by Gordon Brown to fund the global recovery from the financial crisis.

Lawmakers have backed away from a proposal that would have weakened the Securities and Exchange Commission's oversight of accounting standard-setters. Reps.

Via Drudge comes this news , reported by The Hill newspaper, of a long-awaited stock transaction tax bill.

A House bill still being drafted aims to raise $150 billion each year to pay for new jobs.

An amendment to the in-progress Financial Oversight Stability Act would allow financial regulators to review accounting standards but give them no final authority.

Here is how area members of Congress -- Reps. Joe Donnelly and Peter Visclosky and Sens.

His shirt sleeves rolled up, U.S. Rep. Ed Perlmutter was in a fighting mood as he worked fellow members of the Financial Services Committee last week, but by then the cause was already lost.

The SEC is coming out firmly against a proposed amendment that would create an oversight council of bank regulators that would have the ability to rewrite accounting standards.

U.S. House Democrat leaders are trying to save face for Ed Perlmutter , but his proposal to create a new regulatory agency that would have destroyed the independence of the Securities and Exchange Commission and the Financial Accounting Standards Board was effectively voted down by voice vote in the House Financial Services Committee.

The House Financial Services Committee next week is set to debate the highly contentious issue of whether the government should have the power to break up large financial firms even if they're not about to fail.

Commissioner Elisse Walter hopes to squelch a legislative proposal that would make FASB subject to oversight by banking regulators.

The Financial Services Forum, a lobby group, has said it opposes an effort to give the U.S. government permission to break up large firms.

Two Colorado congressmen spent more than $100,000 each of taxpayer money last year to mail constituents fliers that critics say are really a way to bolster their campaigns, a CALL7 investigation found.

In the early 1960s consumer advocate Ralph Nader wrote a book titled "Unsafe at Any Speed," which chronicled the frightening results of the Chevrolet Corvair in road accidents.

Rep. Ed Perlmutter voted for ObamaCare , but he wasn't available to talk to the People's Press collective, a Colorado blogger, and his chief of staff stopped an interview with his health care specialist.

Seven Wall Street lobbyists trooped to Capitol Hill on Nov. 9, hoping to convince Representative Paul Kanjorskia s staff that his plan to dismantle large financial firms was a bad idea.

U.S. Rep. Ed Perl mutter, D-Colo., pictured at a 9News/Denver Post health-care forum held last month, is a member of the House Financial Services Committee.

GREELEY, Colo. - Colorado Democratic Rep. Betsy Markey, along with 38 other politically-vulnerable House Democrats, bucked the Democratic caucus and voted against the Affordable Health Care for America Act, which narrowly passed the U.S. House of Representatives Saturday night on a 220-215 vote.